September 15, 2008
Geotec, Inc. Has Received United States Patent Pending Status (Application Number 61/132,397)
Geotec, Inc. (PINKSHEETS: GETC) announced today that it has filed patent applications with the United States Patent Office. Acknowledgment, as patent pending, has been received by the USPO for "Methods of refining hydrocarbons fuels and post-combustion production by enzyme and protein reactions." (Application number 61/132,397)
The patent applications included the protein and enzyme processing, cleaning and purification of pre-combustion solid, liquid, and gas hydrocarbons. The patent application also included the lowering of metals, mercury, sulfur and other hydrocarbon contaminants that will decrease the air emissions of Nitrogen Oxides (NOx), Carbon Dioxide (CO2) and Sulfur Dioxides (SO2) and fine particles. These patents describe the bio-refining process for bio-diesel/jet fuel and marine bio-diesel.
The Geotec intellectual property and enzyme/protein patents cover several cellulosic enzymes to convert waste farm products (corn stalks/cobs, rice husks, etc.) to ethanol/methanol for inclusion in "GeoRich Bio-Fuels." The "GeoRich" family of bio-friendly fuels will be used to operate the company's mining, bio-refining facilities and product delivery with bio-diesel/jet fuel and marine bio-diesel.
The transesterification of ethanol into bio-fuels and bio-crude, environmental remediation, preliminary stages of carbon sequestration (pre-combustion) and its process to decontaminate gases containing impurities are part of the patent application.
The protein/enzyme chemical sequestration and control of carbon dioxide, sulfur dioxides, nitrogen oxides, metals, and other contaminates from the post-combustion of solid, liquid and gas forms of hydrocarbons are part of the patent applications.
About Geotec, Inc.
Geotec, Inc. (PINKSHEETS: GETC) is a Green Energy Technology Company with operations in the United States and Argentina. It utilizes proteins and enzyme technology to chemically convert hydrocarbons to commercially produce higher-valued hydrocarbons including coal, and other solid, liquid and gas. The technologies are used on hydrocarbons, such as coal or oil, to reduce heavy metals and other contaminants such as sulfur, arsenic and mercury. It can correct pollution (post-combustion) in the air (carbon dioxide) and water. In addition, the Company owns process technologies that can remediate hydrocarbon-contaminated soils. The Company's assets in Argentina are comprised of the mineral rights in seven Asphaltite (high-volatile hydrocarbon material) mines.
Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations about new and existing products and services, technologies and opportunities, market growth, demand for new and existing products and services, are forward-looking statements. The words "believe,""expect,""anticipate,""estimate,""project,""intend" and similar expression identify forward-looking statements that can speak only as of the date hereof. This press release contains certain forward-looking statements regarding Geotec, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Geotec's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. The Company assumes no obligation to notify of any changes, other than material events as required by the Securities and Exchange Commission. Readers are urged to carefully review and consider the various disclosures made by Geotec in this new release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Geotec's business.
Contact: Point Communications Group Richard Kaneb (888)-429-6210 http://www.geo-tec.net
SOURCE: Geotec, Inc.